Two Utah cities have pulled out of a nuclear power plant investment — saying the financial risks are just too high. But 28 other towns and service districts in the state are still involved in the project, which is organized by a utility cooperative called Utah Associated Municipal Power Systems, or UAMPS.
The Carbon Free Power Project involves a first-of-its-kind technology called “small modular nuclear reactors”, which would produce around 720 megawatts of nuclear energy.
UAMPS and the U.S. Department of Energy have invested $3 million in the project since it began in 2017. But the reactors are still in development, and it’s unclear how much the project — and the power — will ultimately cost.
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